PIO chart looked to be stabilizing from intraday swings to a 6.3c base, then a couple Friday afternoon dumps at 2:30-2:45 pushed it down. Tried to recover but likely ran out of time. Looking at the selling action late in the day, I think only nervous sellers exited in low 6s. Any signs of reversal and buyers started lining up, smart money on close also looked to take take up any of those nervous sellers.
Pretty sure this will open up higher on Monday. Anything below mid 6s is well oversold - should be easy money from open on Monday imo, will likely touch on 6.4-6.6c then market will determine where it goes from there.
GLTA, PIO is def on a lot of radars now and volume in past couple sessions has fundamentally changed average holding.
PIO Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
